Key points
- Revenue increased by 10.32% to $124,651,000
- Profit from ordinary activities after tax decreased by 7.70% to $41,173,000
- Net profit for the year decreased by 7.70% to $41,173,000
- Special dividend of 1.5 cents per share announced
- Significant investments in property development projects in Asia
Full summary
United Overseas Australia Ltd has released its half-yearly report for the period ending June 30, 2026. The company reported a 10.32% increase in revenue from ordinary activities to $124,651,000, up from $112,989,000 in the same period last year. However, profit from ordinary activities after tax decreased by 7.70% to $41,173,000, down from $44,607,000. The net profit for the year also decreased by 7.70% to $41,173,000. The company announced a special dividend of 1.5 cents per share, in addition to the interim dividend of 0.5 cents per share. The company is actively involved in property development projects across Australia and Asia, with notable progress in residential, commercial, and hospitality sectors.
Guidance
Revenue increase of 10.32% to $124,651,000, profit decrease of 7.70% to $41,173,000 for the half year
Outlook
Continued focus on property development projects in Asia and Australia, with a special dividend declared.